I don't understand this thing. You need a PC to sync to, so what's the point of the keyboard doc? You need the keyboard doc to make good use of a word processor in iWork, but if you already have a PC ....
I know the virtual keyboard is much bigger, but that's actually worse than the iPhone. With the iPhone you can hold in both hands and type with your thumbs. Slow, but it works. With this, you have to sit and type like a full keyboard, so you'd have to put it on a table, or put it in your lap. That means you're hunched over the thing. Wouldn't want to type in my lap either. Oh, and looks like you can't multitask, so how productive would iWork really be?
eReader is nice, but it's no kindle (screen wise). For doing a lot of reading, there's nothing better than paper. E-paper is second. Matted LCD is a distant third. Glossy LCD is a long shot in fourth.
I guess it would be nice for movies on the plane/bus/train, and might be nice to carry around the office or at home, but you still need regular computer. Might be nicer if you were in a mansion and it took you forever to walk from one end to the other to get to your PC.
I'm sure it'll sell ok, but I think it needs to be more powerful to really be a huge revolution in the computing world. If this thing had the power of an iMac and had the functionality of a desktop, then I could understand why it would be so popular. You'd basically have a portable touchscreen display running a full PC OS, but with the ability to dock with a keyboard, mouse and other peripherals.